Sec.  3.74   Ship stations affected by suspension, cancellation or relinquishment.

   (a)  Whenever  the  accounting authority privilege has been suspended,
   cancelled or relinquished, the accounting authority is responsible for
   immediately notifying all U.S. ship licensees for which it was performing
   settlements of the circumstances and informing them of the requirement
   contained in paragraph (b) of this section.

   (b) Those ship stations utilizing an accounting authority's AAIC for which
   the subject accounting authority certification has been suspended, cancelled
   or relinquished, should make contractual arrangements with another properly
   authorized accounting authority to settle its accounts.

   (c)  The  Commission  will  notify the ITU of all accounting authority
   suspensions, cancellations and relinquishments, and

   (d) The Commission will publish a Public Notice detailing all accounting
   authority suspensions, cancellations and relinquishments.